The competition rate dipped below 50% in June for the first time since the start of the pandemic. The 49.9% of offers that faced competition in June was the lowest share since May 2020 and the first ...
Unless you’ve been living under a rock for the past 18 months, you know that the housing market is bonkers. Prices are out of control, demand is out of control, and properties are selling faster and ...
Redfin reported 59% of home offers written by its agents faced bidding wars in August. The figure represents the lowest level of competition since 2020. It's an early sign the housing market is ...
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Nationwide, 44.6% of home offers written by Redfin agents faced competition in August, the lowest bidding-war rate since the beginning of the pandemic when ...
Today’s red-hot housing market is challenging for many buyers to navigate. Rising interest rates, bidding wars and low housing supply can make purchasing a home more strenuous than usual. However, one ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (NEXSTAR) – The pandemic may be cooling down ...
According to a new report, transplants have a built-in advantage over locals in bidding-war scenarios. Why? Because they have more money to spend. The study by the real estate website Redfin found ...
Potential homebuyers should be prepared for a fight now more than ever. Seventy percent of home offers written by company agents in January saw competition in the form of at least one rival offer, ...
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How buyers are winning bidding wars in a market where homes are selling for $620,000 over ask
When Danine Alati and Juan Parra made an offer on their first home in Verona, N.J., in 2021, they were among 18 buyers who submitted an offer. They won that bidding war, packed their bags and moved in ...
Last month, for the first time in more than two years, the average single-family home in Denver sold for under list price, according to newly released data from the Colorado Association of Realtors.
TAMPA, Fla. (WFLA) — A new real estate report by Redfin about home buyer bidding wars showed that April was the second month in a row where competition scaled back compared to the year before. Across ...
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